TY - JOUR T1 - Accounting and Financial Strategies and Practices in 5-Star Accommodation Businesses AU - Sağır, Mehmet AU - Büyükipekçi, Semih AU - Güdül, Ayşegül PY - 2025 DA - June Y2 - 2025 JF - Çatalhöyük Uluslararası Turizm ve Sosyal Araştırmalar Dergisi JO - CUTSAD PB - Selçuk Üniversitesi WT - DergiPark SN - 2548-0588 SP - 33 EP - 54 IS - 14 LA - en AB - In today’s world, organizations need to develop some strategies in order to adapt to environmental conditions and sustain their existence. Considering the importance of the financial situation of the organization in ensuring sustainability, it is possible to say that the accounting and finance department is of great importance. The aim of the research is to determine the accounting and finance strategies and practices carried out in 5-star accommodation establishments. The study group consists of 8 people working as managers in the accounting and finance departments of 5-star accommodation establishments operating in Konya. A semi-structured interview form was used to learn from the participants about the accounting-finance strategies and practices in their departments. According to the results of the content analysis, 10 themes were identified. According to the results, financial reporting and budgeting are used, SWOT analysis is used, economic conditions, budgeting, and organizational goals key factors in determining financial strategies. Various performance measurement methods and incentive systems are applied, while risk assessments and efficiency analyses are conducted to evaluate the effectiveness of process, and training and development programs are deemed beneficial. KW - Strategic Management KW - Financial Strategies KW - Accounting and Finance KW - Accommodation Businesses CR - Akgemci, T. (2007). Strategic management. Ankara: Gazi Kitabevi. CR - Arturas, S., Jasinskas, E., & Svagzdiene, B. (2015). Risk assessment models in the tourism sector. Amfiteatru Economic Journal, 17(39), 836-846. CR - Aziz, A. (2020). Research methods and techniques in social sciences. Ankara: Nobel. CR - Barth, M. E., & Schipper, K. (2008). Financial reporting transparency. Journal of Accounting, Auditing & Finance, 23(2), 173-190. CR - Bayrak, R., & Bahar, O. (2018). Economic efficiency analysis of the tourism sector in OECD countries: An empirical study with DEA. International Journal of Economic and Administrative Studies, (20), 83-100. Eren, E. (2013). Strategic management and business policy (9th ed.). Istanbul: Beta. CR - Franco-Santos, M., Kennerley, M., Micheli, P., Martinez, V., Mason, S., Marr, B., Gray, D., & Neely, A. (2007). Towards a definition of a business performance measurement system. International Journal of Operations & Production Management, 27(8), 784-801. CR - Güçlü, N. (2003). Strategic management. Gazi University Journal of Gazi Educational Faculty, 23(2). CR - Güleş, H. K., & Türkmen, M. (2010). Production strategy in small and medium-sized enterprises. Niğde University, Journal of Faculty of Economics and Administrative Sciences. CR - Kara, E., & Çavuş, M. F. (2014). Modern management practices in tourism. Journal of Academic Social Research, 2(1), 473-485. CR - Karaca, H. (2023). The digitalization of accounting practices: From clay tablets to smart accounting applications. In The Evolution of Financial Markets-II (pp. 119-138). Özgür Publishing. CR - Karacaer, S., & İbrahimoğlu, N. (2003). The relationship and importance of accounting information systems, internal control, and productivity in business management. H.U. Journal of Economics and Administrative Sciences, 21(1), 211-228. CR - Kaya, İ. (2010). The strategic management process in hospitality management: A conceptual approach. Karamanoğlu Mehmetbey University Journal of Social and Economic Research, 2010(1), 27-35. CR - Kharisma, B., Wardhana, A., Arsani, A. M., & Pasaribu, H. I. W. (2022). Planning and budgeting of the tourism sector in West Nusa Tenggara. Economics Development Analysis Journal, 11(2), 254-268. Kıncal, R. Y. (2022). Scientific research methods. Ankara: Nobel Academic Publishing. CR - Küçüksüleymanoğlu, R. (2008). The strategic planning process. Kastamonu Education Journal, 16(2), 403-412. CR - Mondal, M. S. H. (2017). SWOT analysis and strategies to develop sustainable tourism in Bangladesh. UTMS Journal of Economics, 8(2), 159-167. CR - Ülgen, H., & Mirze, S. K. (2013). Strategic Management in Businesses. Istanbul: Beta. UR - https://dergipark.org.tr/tr/pub/cutsad/issue//1731200 L1 - https://dergipark.org.tr/tr/download/article-file/5008137 ER -